There are a range of pricing strategies that can be utilised within FM contracts. A single contract, particularly for multiple FM services, may well incorporate different pricing strategies for different services to best meet the client’s price objectives.
FM Market Sizing
Assessing value for money in FM service contracts is difficult at the point of bid
evaluation as an assessment must be made on which of the suppliers will actually
deliver the specified services to the defined service standards for the prices
The 2019 RICS and Macdonald & Company Rewards and Attitudes Survey suggests
that good headway has been made, though more effort is required. The gender pay
gap between median salaries across the industry is now 18.6%, according to the
results of 3,461 respondents to the survey vs last year’s survey which was
As the UK market matures, self-delivery is growing in importance for both competitive advantage and risk mitigation. Even in the more complex IFM segment, self-delivery is becoming more common as customers seek more contract centralisation and suppliers seek to grow margins. Early leaders include ISS, which is a leader in the development of integrated service …
Internet of Things (IoT) and Augmented Reality More and more companies specialize in technology like HVAC monitoring devices, fuel monitors, fitness equipment usage devices, grease trap monitors, etc. All can communicate with our software without any human interaction. Augmented reality with things like BIM (building information modeling) also will begin to transform facilities. Imagine the benefits …
Facilities Management Technology Includes The Following: Building Information Modelling (BIM) Technology Machine Learning and Artificial Intelligence Smart Building Technology Wearable Technology 1.Building Information Modelling (BIM) Technology What Is It? Building information modeling (BIM) is the process of creating and managing digital models of physical buildings. BIM technology enables organizations to visualize specific …
RICS membership is recognised worldwide as an international standards for professionals in real estate and built environment.
RICS credentials also demonstrate high ethical standards, and a commitment to CPD as you develop technical and professional knowledge and capability. RICS membership is a symbol of your status within the industry, commanding respect from clients and peers.
Facilities management, or FM, is a complex function. Depending on the organisation in question, it likely involves a range of different yet complementary disciplines, including waste management, energy services, cleaning and maintenance, physical security and so on. Replacing complexity with simplicity is, of course, often a key driver of business efficiency – and simplifying the …
Signing up a new facilities management provider can be hugely exciting. Done right, outsourced FM can drive immediate cost savings, process efficiencies and free up internal resource to concentrate on strategic decisions. It can grant your business access to a far greater spread of skills and experience than you might otherwise be able to sustain …
As the UK market matures, self-delivery is growing in importance for both competitive advantage and risk mitigation.
Even in the more complex IFM segment, self-delivery is becoming more common as customers seek more contract centralization and suppliers seek to grow margins.
Early leaders include ISS, which is a leader in the development of integrated service offerings based primarily on self-delivery.
White-collar FM firms are also moving into self-delivery (e.g., JLL’s acquisition of Integral in 2016).